Ravi has purchased a vehicle at ₹ 60,000. He sold it at a price $30 %$ less than its value to Amit. Amit spent $5 %$ of the amount he purchased in repairs. Find the percentage decrease of the price of the vehicle, including the repair price also.

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Solution

The correct option is B
Amount at which Ravi sold the vehicle $= 60, 000 - (60, 000 \times \frac{30}{100}) = 42, 000$
Amount spent by Amit on repairs $= 42, 000 \times \frac{5}{100} = 2, 100$
Total amount spent by Amit $= 42, 000 + 2, 100 = 44, 100$
Decrease in price of vehicle $= 60, 000 - 44, 100 = 15, 900$
Percentage decrease $= \frac{15900}{60000} \times 100 = 26.5 %$

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Q. Ravi has purchased a vehicle costing ₹60,000. He sold it at a price of ₹ 42,000 to Amit. What is the percentage decrease of the price of the vehicle ?

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Ravi has purchased a vehicle at ₹ 60,000. He sold it at a price 30% less than its value to Amit. Amit spent 5% of the amount he purchased in repairs. Find the percentage decrease of the price of the vehicle, including the repair price also.

The correct option is B Amount at which Ravi sold the vehicle =60,000–(60,000×30100)=42,000 Amount spent by Amit on repairs = 42,000×5100= 2,100 Total amount spent by Amit =42,000+2,100=44,100 Decrease in price of vehicle =60,000−44,100=15,900 Percentage decrease =1590060000×100=26.5%

Ravi has purchased a vehicle at ₹ 60,000. He sold it at a price $30 %$ less than its value to Amit. Amit spent $5 %$ of the amount he purchased in repairs. Find the percentage decrease of the price of the vehicle, including the repair price also.